Thursday, October 16, 2014

Dow Drops 1500 Points In 3 Weeks, Nasdaq Enters 'Correction' As VIX Breaks 30

From 17,350 intraday highs "proving the recovery is here," we are 1500 points down just 3 weeks later. The Nasdaq just fell 10.5% from its highs, officially in correction. VIX broke above 30. Perhaps, just perhaps, the gap to fundamentals is finally about to be filled...

Dow ugly...
Dow Drops 1500 Points In 3 Weeks, Nasdaq Enters 'Correction' As VIX Breaks 30

Nasdaq in correction...
Dow Drops 1500 Points In 3 Weeks, Nasdaq Enters 'Correction' As VIX Breaks 30

VIX breaks above 30..
Dow Drops 1500 Points In 3 Weeks, Nasdaq Enters 'Correction' As VIX Breaks 30

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